B.A.G. Films and Media Ltd Announces Allotment of 98,00,000 Equity Shares on Conversion of Warrants

B.A.G. Films and Media Ltd has announced the allotment of 98,00,000 equity shares following the conversion of warrants by Skyline Tele Media Services Limited (STMSL), a member of the promoter group. The warrants were allotted on March 19, 2026, at an issue price of Rs. 8.25/- each. STMSL has opted to exercise and convert 98,00,000 warrants, which are convertible into fully paid-up equity shares of the Company of face value Rs. 2/- each. The allotment was approved by the Securities Committee of the Board of Directors of the Company. The issued, subscribed, and paid-up capital of the Company has increased consequently.